2, Wallace Street
2, Wallace Street
Description & Estimates
2, Wallace Street, Spalding is recorded publicly as a modern freehold house across 882 ft2 of internal area, sitting on a 227 m2 plot.
Locally, houses of this size normally have 3 bedrooms with a garden.
Our estimate of the sale value of 2, Wallace Street, Spalding is £206,244 and its rental estimate is £1,015 per month, given the available information and assuming reasonable condition.
Wallace Street, Spalding, PE11 falls within the PE11 postal district, in the borough of South Holland.
Our Data Sources
2, Wallace Street, Spalding has 3 entries in the Land Registry , most recently in November 2025 and a single entry in the EPC database dated November 2019.
We combine this information with that of neighbouring properties to estimate the property attributes and values.
The local information is scored as 3 out of 5 and is considered of medium accuracy.
Price Range & Condition
The condition of a property plays an important role in determining its value, with the degree of impact varying by property type, size and location.
For 2, Wallace Street, Spalding, we estimate a market value of £216,556 and a rental value of £1,065 per month when presented in very good decorative order. Should the property require extensive cosmetic improvement, those figures would reduce to £191,807 and £944 per month respectively.
Recent Market Change
Over the last year, 2, Wallace Street, Spalding has seen its estimated sale value fall by £7,471 (3.6%) and its estimated rental value move up by £31 per month (3.0%). This results in an estimated gross rental yield of 5.9%.
Plot Size
HM Land Registry records the plot of land for 2, Wallace Street, Spalding as measuring 227 m2.
That makes it the 2nd largest plot in the postcode, where 3 of the 5 other houses have recorded plot data.
Energy Efficiency
2, Wallace Street, Spalding has an Energy Performance Rating (EPC) of B. This is based on the most recent assessment, dated 19 Nov 2019.
The property is not connected to mains gas and has high performance glazing. It is heated using Boiler and radiators, mains gas.
Sold Prices
The most recent sale of 2, Wallace Street, Spalding completed on 28th November 2025 at £212,000 and was recorded by HM Land Registry as a freehold house.
Since 1995 the property has sold 3 times.
Values of comparable properties have dropped by 0.5% over the period since November 2025.
- Sold Nov 2025£212,000
- Sold May 2021£185,000
- Sold Nov 2019£184,995
Similar Properties Sold Nearby
Over the past 2 years 3 properties similar to 2, Wallace Street, Spalding have sold within a radius of 840 metres, per the Land Registry and our network of Estate Agents.
The latest, on the 20th February 2026, was 2, Doyle Lane, Spalding, PE11 1WU, a freehold house which sold for £175,000.
Read more about house prices in PE11.
•Nearby is defined as the radius comprising the nearest 2,000 addresses.
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Location Comparison
Of the 5 addresses on Wallace Street, Spalding, PE11, 2, Wallace Street, Spalding comes out as the largest and the 2nd most expensive in our analysis of the public data.
It is also £14k less expensive than the average property across the PE11 district.
More reading links
Schools Nearby
- 900mThe Spalding St John the Baptist Church of England Primary School
- 1.2kmMonkshouse Primary Academy
- 1.7kmSt Norbert's Catholic Voluntary Academy
- 1.6kmSpalding Grammar School
- 2.2kmSpalding High School
- 2.6kmSpalding Academy
More reading links
Public Transport Nearby
From 2, Wallace Street, Spalding, the nearest station is Spalding, 1.9 kilometres away.
- 1.9kmSpalding
- 21.7kmSwineshead
- 22.7kmHubberts Bridge
Risk of Flooding
The flood risk here is rated medium, based on Environment Agency data.
